Broadband internet is a term used to refer to the high speeds with which data transfers take place over the internet. Internet here means the global interconnection of computers. Today more than ever in the history of internet use the need for high transfer speeds is growing. Areas where these high speeds are essential include VoIP telephony, video streaming, transfer of large file sizes, tele-working and video conferencing. In addition most businesses have already moved much of their services online. In this light, the use of high speed internet is crucial for them to maintain a competitive advantage globally. Among many OECD countries the use of broadband has continued to increase over the years, showing a great need for the services. This paper seeks to show how broadband internet has grown in these countries, as well as the evidence of the impact it has made on their economic growth